Optimum Fixed Income Fund Class A (OAFIX)

Overview

The fund described is a fixed income fund that invests primarily in a diverse range of debt instruments. The investment strategy adheres to an 80% policy, committing at least 80% of its net assets, along with any borrowings for investment purposes, into fixed income securities. It aims to focus on securities that have a measure of reliability and stability, including those issued or guaranteed by the U.S. government or its agencies or instrumentalities. Other investment avenues include corporate debt securities, both taxable and tax-exempt municipal securities, as well as mortgage-backed and asset-backed securities. This strategy is devised to cater to investors looking for income generation through investments in the fixed income market, leveraging the diverse opportunities within it to aim for returns.

Products and Services

The fund provides a range of fixed income investment options, reflecting its strategic focus and adherence to its 80% policy. These options include a blend of assets across various sectors and levels of risk, aimed at generating income for investors while managing risk exposure.

• U.S. Government and Agency Securities: Investments in securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities. This includes Treasury bonds, agency mortgage-backed securities, and other government-guaranteed debt, offering a high level of security and reliability for investors seeking stability.
• Corporate Debt Securities: Investments in corporate bonds issued by companies. These securities are selected based on the adviser’s analysis of the issuer's creditworthiness and the potential for income generation, providing a balance between risk and return.
• Taxable and Tax-Exempt Municipal Securities: Inclusions of both taxable and tax-exempt municipal bonds issued by state and local governments. These securities offer potential tax advantages to certain investors, and the selection is based on credit analysis and the fiscal health of the issuers.
• Mortgage-Backed and Asset-Backed Securities: Investments in securities backed by pools of mortgages or other assets. These include both agency and non-agency mortgage-backed securities, and other asset-backed securities, offering diversified exposure to the real estate and credit markets.